Category Archives: Politics

Can Economy Grow With Higher Interest Rates?

Financial FAQs The Federal Reserve’s Open Market Committee announced it is raising short term interest rates by ¼ percent. But can this economy continue to grow with higher interest rates, as Fed Chairwoman Yellen has promised? That depends on several … Continue reading

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What Are Benefits of Paris Accord?

Popular Economics Weekly PARIS — More than 190 nations have agreed on a plan to limit climate change, said the conference press release, ending a decades long search for an accord requiring the world’s economies to regulate the emission of … Continue reading

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Let’s Recognize The Enormous Economic Benefits of Global Warming

Financial FAQs It should now be time to look at the future benefits that will come from the necessity to mitigate global warming, while the Paris climate change conference is in session. We already know the environmental havoc it has … Continue reading

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211,000 Payroll Jobs Not Enough

Popular Economics Weekly Friday’s unemployment report was disappointing for a number of reasons, mainly because we are not yet close to full employment, and there is no sign of inflation. The number of persons employed part time for economic reasons … Continue reading

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Lower Payroll Employment Tomorrow?

Popular Economics Weekly Will tomorrow’s unemployment report be disappointing, and so cause the Fed to hesitate in raising their overnight interest rate above 0.25 percent, as they’ve been saying they will do this month? The most current economic indicators show … Continue reading

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Fed Rate Hike Could Hurt Employment

Financial FAQs Fed Chair Janet Yellen all but confirmed the Fed was ready to raise interest rates in December. She laid out a case for raising interest rates in a speech on Wednesday at the Economic Club in Washington. “Ongoing … Continue reading

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When Is Faster Growth Coming?

Popular Economics Weekly Where is the promised growth, with almost full employment? GDP growth was revised up from 1.5 to 2.1 percent Q2 to Q3, and is up 2.2 percent annually? When, if ever, will it return to the historical … Continue reading

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A Huge Employment Report

Popular Economics Weekly The economy generated 271,000 new jobs last month, with all but 3,000 coming in the private sector, the government said Friday, topping expectations for 190,000 to 240,000 jobs predicted by various economists. Almost every major industry boosted … Continue reading

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Dr. Yellen—Don’t Raise Interest Rates Just Yet.

Popular Economics Weekly The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in October on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased … Continue reading

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An End to Austerity—Part II

Financial FAQs The Senate voted on Tuesday to start talks with the House about a compromise highway funding measure. Lawmakers are facing a Nov. 20 deadline for renewing federal infrastructure funding. Both chambers have passed bills that would guarantee at … Continue reading

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